Jimmye3 0 Posted March 1, 2020 Afternoon all, new to the forum! We've been approached by a local garage to offer service plans with our sales. The customer will pay a fixed monthly fee to get 2 years worth of MOT and service and we take a percentage. What's everyone's thoughts on this? Thanks Share this post Link to post Share on other sites
New year revolutions...... 197 Posted March 1, 2020 No Share this post Link to post Share on other sites
BHM 994 Posted March 1, 2020 Are you really prepared to recommend another business on the back of yours? I’d suggest you need to know & trust them implicitly & obviously getting paid handsomely for the inevitable cries of “The garage won’t fix xxxx & xxxx on that plan you sold me 12 months ago” that you’ll have to deal with. Share this post Link to post Share on other sites
Jimmye3 0 Posted March 1, 2020 1 hour ago, BHM said: Are you really prepared to recommend another business on the back of yours? I’d suggest you need to know & trust them implicitly & obviously getting paid handsomely for the inevitable cries of “The garage won’t fix xxxx & xxxx on that plan you sold me 12 months ago” that you’ll have to deal with. It would only cover the cost of the MOT and a service each year, any repairs required would be extra. Basically spreading the cost into a monthly payment Share this post Link to post Share on other sites
trade vet 704 Posted March 1, 2020 Must be good money in service plans. Vertu Motors ( Bristol Street ) have 100,000 and financial commentators have said that is what is keeping them afloat. Share this post Link to post Share on other sites
Contracts 68 Posted March 1, 2020 Any service plan is just a form of spreading service cost at a fixed rate. Manufacturers or insurance based firms are OK but trusting someone else.... The money is often made when people don’t use it. I often see cars (BMW, Mini, LR) with service packs and the driver takes them out of the network as they were unaware. 1 Share this post Link to post Share on other sites
have a word with the wife 299 Posted March 1, 2020 Just concentrate on getting a sale, and when you have it, just take the money, might be just me, but why complicate things ? is it not hard enough trying to get full money in the first place nowadays ? because i will tell you now, when you try to sell this to the customer they will want it throwing in at sticker price ! And on that basis, you would be far better off giving them 1 years free mot next year, it would increase your chance of a sale [ next years mot FREE ! ]......... Share this post Link to post Share on other sites
BHM 994 Posted March 2, 2020 9 hours ago, have a word with the wife said: because i will tell you now, when you try to sell this to the customer they will want it throwing in at sticker price ! Absolutely. When I offered warranties that’s exactly what used to happen so I dropped them years ago. 13 hours ago, Contracts said: Manufacturers or insurance based firms are OK but trusting someone else.... That was basically my point of view. Share this post Link to post Share on other sites
